$23,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 23k interest only loan?
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Use this calculator to determine the monthly payment of a $23,000 interest only loan payment. In this type of loan no principal is paid off so the balance must be paid off at a future point, usually through a balloon payment or refinance.
Interest Only Payment Table For a 23k Loan
Rate Payment
0.25% $4.79
0.5% $9.58
0.75% $14.38
1% $19.17
1.25% $23.96
1.5% $28.75
1.75% $33.54
2% $38.33
2.25% $43.13
2.5% $47.92
2.75% $52.71
3% $57.50
3.25% $62.29
3.5% $67.08
3.75% $71.88
4% $76.67
4.25% $81.46
4.5% $86.25
4.75% $91.04
5% $95.83
Interest Only Payment Table For a 23k Loan
Rate Payment
5.25% $100.63
5.5% $105.42
5.75% $110.21
6% $115.00
6.25% $119.79
6.5% $124.58
6.75% $129.38
7% $134.17
7.25% $138.96
7.5% $143.75
7.75% $148.54
8% $153.33
8.25% $158.13
8.5% $162.92
8.75% $167.71
9% $172.50
9.25% $177.29
9.5% $182.08
9.75% $186.88
10% $191.67